Trust Structure
/ˈtrʌst ˈstrʌk.tʃər/
Definitions
- (n.) The legal framework establishing relationships between parties in a trust, including the settlor, trustee, and beneficiaries.
The trust structure dictates how assets are managed and distributed according to the settlor's intentions.
- (n.) The organizational and operational design of a trust, detailing duties, powers, and rights under trust law.
Choosing the appropriate trust structure is essential to achieving tax efficiency and asset protection.
Forms
- trust structure
- trust structures
Related terms
See also
Commentary
The term encompasses both the legal relationships constituting a trust and the practical design of its governance; clarity in drafting the trust structure helps prevent disputes and ensures compliance with legal requirements.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.